'K' Line doubles orders to ten 14,000-TEUers to boost slot cost efficiency
ONE of Japan's major shipping companies, "K" Line, has ordered five more 14,000 TEU boxships at an undisclosed price from Imabari Shipbuilding, bringing to 10 the total of ultra-large ships the company has on order.
The vessels are identical to the five sisterships ordered earlier and are due for delivery from spring to summer 2018. The five vessels already on order are due to be delivered between spring and summer 2015, according to UK's Seatrade Global.
"K" Line said the newbuildings would improve the efficiency and cost-competitiveness of its containership business.